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    San Luis Obispo County, CA Restaurants for Sale

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    Iconic Restaurant Building in SLO
    Updated: Jun 26, 2025
    Iconic Restaurant Building in SLO

    815 Palm St, San Luis Obispo, CA

    $895,000
    2,078 sqft 0.03 AC lot
    Prime downtown San Luis Obispo location, steps from Mission Plaza and near Hotel SLO.
    Situated in SLO's Chinatown, adjacent to the Palm Theatre.
    Currently outfitted as a restaurant.
    Large parking garage directly across from the building.
    Iconic two‑story structure.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    815 Palm St, San Luis Obispo, CA

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $34K
      Annual

    • Price @ 7% Cap

      $482K
      Suggested

    • Property Type

      Restaurant
      Built 1958
    View Property Analytics
    Ground-Floor Retail Condo with Patio
    Updated: Mar 31
    Ground-Floor Retail Condo with Patio

    401 W Grand Avenue, Grover Beach, CA 93433

    $425,000
    Located within the Encore signature series development by Coastal Community Builders in Grover Beach
    Planned first phase includes two ground‑floor commercial condos for restaurant, coffee shop, and retail uses
    Encore will feature 59 luxury condos with ocean views and an amazing rooftop deck
    Units will be delivered as cold shells
    Includes a 462 SF patio
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    Turnkey Restaurant with Private Patio
    Turnkey Restaurant with Private Patio

    8501 El Camino Real, Atascadero, CA 93422

    $750,000

    Fully renovated restaurant building with a functional commercial kitchen and a private, ADA-accessible back patio.

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    Turnkey Restaurant and Bar with Liquor
    Turnkey Restaurant and Bar with Liquor

    2927 Spring Street, Paso Robles, CA 93446

    $1,979,000

    Turnkey restaurant and bar property includes a liquor license, kitchen equipment, bar buildout, and walk-in cooler.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Paso Robles Restaurant Opportunity
    Turnkey Paso Robles Restaurant Opportunity

    2927 Spring St, El Paso de Robles (, Paso Robles, CA 93446

    $1,979,000
    4,123 sqft 0.80 AC lot

    High-performing restaurant and bar with real estate and liquor license.

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    Industrial Commercial Kitchen Facility
    Industrial Commercial Kitchen Facility

    967 Huber Street, Grover Beach, CA 93433

    $695,000

    Licensed commercial kitchen with heavy manufacturing electrical service and office space, positioned for cannabis-related processing and distribution.

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    Turnkey Restaurant Opportunity For Sale
    Turnkey Restaurant Opportunity For Sale

    2490 Main St, Morro Bay, CA 93442

    $1,290,000
    2,200 sqft

    Ready-to-operate restaurant with strong potential for immediate activation.

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    Approved Mixed-Use Retail Hotel Development
    Approved Mixed-Use Retail Hotel Development

    800 11th. Street, Paso Robles, CA 93446

    $5,000,000
    10,780 sqft 0.50 AC lot

    Includes a leased restaurant, approved retail and hotel components, and a gated 21-stall parking lot.

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    Stand-Alone Restaurant Building with Patio
    Stand-Alone Restaurant Building with Patio

    1902 Creston Road Unit 9, Paso Robles, CA 93446

    $1,450,000
    3,300 sqft

    Updated stand-alone restaurant space with a dedicated outdoor patio for expanded guest seating.

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    Turnkey Restaurant with Private Patio
    Turnkey Restaurant with Private Patio

    8501 El Camino Real, Atascadero, CA 93422

    $750,000
    1,700 sqft

    Fully renovated restaurant building with a commercial kitchen and private back patio seating with ADA access.

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    Turn-Key Restaurant Opportunity in Atascadero
    Turn-Key Restaurant Opportunity in Atascadero

    8501 San Ramon Rd, Atascadero, CA 93422

    $750,000
    1,775 sqft 0.07 AC lot

    Fully renovated restaurant with oversized patio in prime location.

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    Retail/Restaurant Space Near Beach
    Retail/Restaurant Space Near Beach

    75 San Miguel St, Avila Beach, CA

    $735,000
    1,584 sqft 0.04 AC lot

    Retail/Restaurant space one block from Avila Beach.

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    Fully Occupied Cambria Commercial Property
    Fully Occupied Cambria Commercial Property

    2380 Main Street, Cambria, CA 93428

    $1,549,000
    6,473 sqft 0.74 AC lot

    Prime commercial property in Cambria, California with long-term tenants.

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    Ocean-View Restaurant and Residence
    Ocean-View Restaurant and Residence

    7432 Exotic Garden Drive, Cambria, CA 93428

    $3,900,000
    9,802 sqft 3.05 AC lot

    Restaurant with commercial kitchen plus a private two-story residence, positioned along Highway 1 with direct coastal views.

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    Commercial Property Near Major Intersection
    Commercial Property Near Major Intersection

    1165-1167 East Grand Avenue, Arroyo Grande, CA 93420

    $1,600,000
    1,814 sqft 0.99 AC lot

    Commercial property near a busy intersection in Arroyo Grande.

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    Turnkey Wine Country Investment Opportunity
    Turnkey Wine Country Investment Opportunity

    3750 W Highway 46, Templeton, CA 93465

    $4,500,000
    14.09 AC lot

    Rare Paso Robles property with tasting room, vineyard, and rental.

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    Iconic Restaurant in Downtown SLO
    Iconic Restaurant in Downtown SLO

    815 Palm St, San Luis Obispo, CA 93401

    $895,000
    0.02 AC lot

    Two-story restaurant in the heart of San Luis Obispo.

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    Ground Floor Retail Condo with Patio
    Ground Floor Retail Condo with Patio

    401 W Grand Avenue 2-1, Grover Beach, CA 93433

    $379,000

    Ground floor commercial condo delivered as a cold shell, with a private patio for outdoor customer seating or display.

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    Restaurant and Retail Condo Patio
    Restaurant and Retail Condo Patio

    401 W Grand Avenue 1-1, Grover Beach, CA 93433

    $425,000

    Cold shell ground-floor retail condo with a private patio for restaurant or coffee shop concepts in a new mixed-use development.

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    Retail Restaurant Office Space
    Retail Restaurant Office Space

    445 1st St, Avila Beach, CA

    $735,000

    Flexible retail, restaurant, or office layout with display area, private office/storage, and restroom near the beach.

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    Grover Beach Industrial Workspace
    Grover Beach Industrial Workspace

    967 Huber Street, Grover Beach, CA 93433

    $695,000
    2,168 sqft 0.11 AC lot

    Unique industrial workspace in Grover Beach's 'Green Zone'.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in San Luis Obispo County, CA, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

    Off-Market Properties in San Luis Obispo County, CA

    Consider similar Off-Market properties in San Luis Obispo County, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1414 Pne St
    RESTAURANT

    1414 Pne St, Paso Robles, CA 93446-1731

    Value Estimation by Request
    1,853 sqft 0.24 AC lot
    View details
    2748 Spg St
    BAR, TAVERN

    2748 Spg St, Paso Robles, CA 93446-1254

    Value Estimation by Request
    2,989 sqft 0.79 AC lot
    View details
    396 Pier Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    396 Pier Ave, Oceano, CA 93445-9701

    Value Estimation by Request
    1,055 sqft 0.08 AC lot
    View details

    San Luis Obispo County, CA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in San Luis Obispo County, CA, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 53,695 square feet of properties for sale, with an estimated market value of $23,322,000.

    Sale prices for restaurant properties in San Luis Obispo County, CA start at $695,000, averaging $1,665,857, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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